Scarborough’s HMV spared as axe falls on 66 stores

Scarborough's HMV store in Westborough will remain open.
Scarborough's HMV store in Westborough will remain open.
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Scarborough’s HMV store has been spared after administrators announced the closure of 66 branches over the next two months.

The music chain entered administration last month as a result of facing intense competition from online retailers, digital dowloads and supermarkets in recent years.

Deloitte said the 66 shops would continue to trade but the closures were expected over the next one to two months.

Administrator Nick Edwards said the shops had been identified as part of an ongoing review of the company’s financial position and the group still hoped to secure a future for the restructured business.

He said: “This step has been taken in order to enhance the prospects of securing the business’ future as a going concern.

“We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period.”

HMV currently has 220 UK stores.

Deloitte said the 66 stores, which employ 930 people, were all loss-making.

The closure plans come after the group axed nearly 190 jobs across its offices and distribution centres last month.

Staff used the company’s official Twitter account to announce their own “mass execution” with workers tweeting live about redundancies being made across HMV’s offices and distribution centres.

The store closures come amid the high profile collapses of camera chain Jessops and DVD and game rental business Blockbuster. Administrators closed all of Jessops’ 187 stores after it collapsed, but sold the business to a group of buyers that includes Dragon’s Den star Peter Jones. Jessops’ Scarborough branch in Westborough, opposite the HMV store, is standing empty, while the town’s Blockbuster branch in Falsgrave Road has remained open following a first round of closures.

HMV stores in the following locations will close: Ashton-under-Lyne, Ballymena, Barnsley, Bayswater, Belfast Boucher Road, Belfast Forestside, Bexleyheath, Birkenhead, Birmingham Fort, Blackburn, Boston, Bournemouth Castlepoint, Bracknell, Burton-upon-Trent, Camberley, Chesterfield, Coleraine, Craigavon, Croydon Centrale, Derry, Dumfries, Durham, Edinburgh Fort, Edinburgh Gyle Centre, Edinburgh Ocean, Edinburgh Princes Street, Edinburgh St James, Falkirk, Fulham, Glasgow Fort, Glasgow Silverburn, Glasgow Braehead, Huddersfield, Kirkcaldy, Leamington Spa, Leeds White Rose, Lisburn, Loughborough, Luton, Manchester, Moorgate, Newry, Newtonabbey, Orpington, Rochdale, Scunthorpe, South Shields, Speke Park, St Albans, St Helens, Stockton-on-Tees, Tamworth, Teesside Retail Park, Telford, London Trocadero, Wakefield, Walsall, Walton-on-Thames, Wandsworth, Warrington, Watford, Wellingborough, Wigan, Wood Green, Workington, Wrexham.